Forbes – Under the terms of a deal expected to be announced shortly, Bing will become the default search engine for Yahoo ( YHOO – news – people ). For its part, Yahoo will become the exclusive sales agency for Bing advertising inventory using Microsoft’s ( MSFT – news – people ) AdCenter as the sales technology platform, but it will not receive an upfront payment, according to reports in AdAge and AllThingsD quoting sources familiar with the situation.”

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July 28, 2009Comments Off on Microsoft, Yahoo Reported To Strike Search Deal2.0